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Showing 911 - 920 of 2291 results for "Premium"

YBR rejects 'opportunistic' takeover bid

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... superior proposal, with the Mercantile Investment Company subsidiary offering 7.75 cents in cash per IPE share - a 23% premium above the last traded price before the offer of $0.063 per share. YBR listed on 1 January 2008 and traded at 10 cents at publication ...

Suncorp suppressed tax benefits to super members

KARREN VERGARA  |  TUESDAY, 14 AUG 2018
The Hayne Royal Commission put the spotlight on obscure administration fees and intra-company arrangements, as well as tax benefits superannuation funds are withholding from members. Suncorp was in the hot seat this morning, represented by Maurizio ...

Super fees outpace asset growth: Research

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The rate at which superannuation funds slug members fees is growing faster than the underlying assets being managed, latest research shows. Rainmaker Information's March quarter Benchmarking report shows members paid a total of $32 billion in super ...

Life insurance loyalty waning

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
... This was followed by 50 to 64-year-olds which accounted for 35.7% or 360,000 of the total. The biggest driver was better premium costs, with 42.8% of respondents citing this reason for considering switching. In line with this, about half (49.9%) reported ...

Perpetual wins RE mandate

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
... with a combined value of $238 million. Costa Group Holdings, a grower and packer of fruit and vegetables, is a long-term premium tenant. As RE, Perpetual Corporate Trust appointed goFARM Asset Management to provide certain management and administrative ...

ARCO takes a net short on Australian financials

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
... banks," Colman said in Sydney. "The regionals are at something of a further disadvantage with a wholesale funding cost premium relative to the majors. "We think they have written a bit more of the wrong risk at the wrong point in the cycle." "They may ...

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
Group insurers are finding themselves pressed for resources as they race to meet the Federal Government's July 2019 deadline to cull the default opt-ins for group insurance. MetLife head of reinsurance and regulatory affairs James Carey said the ...

Industry fund renews insurer, drops premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... reappointed Hannover Life Re as its group insurer from July 1. In doing so, the fund has reduced life insurance premiums by 20%. Premium reductions were made possible primarily by remodeling policy and cover to produce a sustainable set of insurance ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
Shadow Treasurer Chris Bowen said it is hard to argue against a case for better-performing superannuation funds as put forth by the Productivity Commission, yet the best in show approach must be careful that it doesn't dampen competition. Speaking at ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
"I got chills, they're multiplying..." - Grease The Australian dollar is down! Repeat, the Australian dollar is down! At the time of writing, Australia's legal tender is trading 5.8% lower against the US this year to date; 3.2% cheaper against ...